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Kirwan tops best sellers in Townsville

first_imgMore from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020Ray White agent Nicky Faulks, who has sold 14 houses in Kirwan in the past year, said the location attracted buyers.“It’s a very family-friendly area with parkland and a variety of shops,” Ms Faulks said.“There have been a lot of new estates proving popular in Kirwan, and it’s one of the largest suburbs in Queensland. The volume of sales has also increased over the last year.”Ms Faulks sold a house at 3 Overton Circuit in Kirwan earlier this month. Townsville residents sitting on property gold The buyers, Belinda Tavendale and her daughter Abigail, purchased the home at auction for $400,000, which is above the median house price in the suburb. Other areas in Townsville where buyers are looking for houses are Kelso, Bushland Beach, Douglas, Annadale and Burdell — all of which saw more than 70 houses sold in the year to May. Suburbs such as Cape Cleveland, Homestead, Mutarnee, Pinnacles and Woodstock saw only one house each sold in the year, which is likely a result of low stock. “I would say they are areas that don’t turn over a lot of houses,” Ms Faulks said. “Residents there tend to hold onto their properties for a long time.” This house at 3 Overton Circuit in Kirwan sold at auction earlier this month for $400,000.KIRWAN is a favourite suburb among home buyers, with the area selling the highest number of houses in Townsville in the year to May. According to data by CoreLogic, a staggering 236 houses sold in the suburb during this period, with the median house price at $305,000. Houses in Mount Louisa were also in high demand with 103 houses selling in the suburb over the same period. MORE NEWS Vendors note upbeat mood MORE NEWSlast_img read more